Genius Act Stablecoin法案通過了重要的投票，現在在5月20日獲得參議院的全面批准。

同時，這項更強大的規則補充說：1：1儲備金，每月審計和所需的全部贖回權。

A crucial vote in the Senate on Thursday passed a bill that would impose a new regulatory framework for stablecoins, a class of cryptocurrencies pegged to the value of traditional fiat currency, most likely setting up a final vote by the full Senate as soon as Friday morning.

參議院週四的一項重要投票通過了一項法案，該法案將對Stablecoins實行新的監管框架，這是一類加密貨幣，這與傳統菲亞特貨幣的價值掛鉤，很可能在星期五早上在全參議院進行了最後的投票。

The vote on the bipartisan GENIUS Act, which stands for “Generating Economic, Mobilizing Jobs, and Unlocking Stability Act,” came after a previous attempt to pass the bill on Monday failed due to concerns over weak consumer protections and the potential influence of former President Donald Trump.

對《兩黨天才法》的投票代表“產生經濟，動員工作和解鎖穩定法”，這是在先前試圖通過該法案的企圖通過薄弱的消費者保護以及前總統唐納德·特朗普的潛在影響的原因之後。

However, after the bill’s authors—Sens. Bill Hagerty (R-TN) and Mark Warner (D-VA)—added amendments to address these issues, it was able to pass the key procedural vote in a 66-32 vote.

但是，在法案的作者之後 - 延續。 Bill Hagerty（R-TN）和Mark Warner（D-VA） - 解決這些問題的修正案，它能夠以66-32的投票通過關鍵的程序投票。

The updated bill includes several key provisions, such as requiring stablecoins to have full 1:1 fiat backing, undergo monthly audits, and provide clear redemption rules to users. These changes aim to eliminate any coins that operate in a shady or risky manner, ultimately rendering them useless, and create an environment where stablecoins are safer for both everyday investors and billion-dollar institutions.

更新的賬單包括幾個關鍵條款，例如要求StableCoins具有完整的1：1菲亞特支持，進行每月審核，並為用戶提供明確的贖回規則。這些變化旨在消除任何以陰暗或冒險的方式運作的硬幣，最終使它們毫無用處，並創造一個環境，使穩定的日常投資者和十億美元的機構更安全。

After the vote, the bill now heads back to the House of Representatives, which will need to approve any amendments made by the Senate.

投票後，該法案現在返回眾議院，這將需要批准參議院做出的任何修正案。

If the House does make any changes, the bill will then return to the Senate for a final vote before heading to Trump for his signature.

如果眾議院確實做出了任何更改，則該法案將返回參議院進行最後的投票，然後前往特朗普以簽名。

The bill’s passage comes amid growing interest in cryptocurrency regulation, with lawmakers from both parties working on legislation to set rules for the industry.

該法案通過對加密貨幣法規的興趣日益加劇，雙方的立法者越來越多地制定了該行業的規則。

The House Financial Services Committee has also been working on legislation to regulate crypto, with Chair Maxine Waters (D-CA) focusing her bill on consumer protection and anti-money laundering issues.

眾議院金融服務委員會還一直在製定立法來規範加密貨幣，主席Maxine Waters（D-CA）將她的法案重點放在消費者保護和反洗錢問題上。

The Senate vote on the GENIUS Act will be the final stage in a long legislative process that began earlier this year with the introduction of the bill in March.

參議院對《天才法》的投票將是一項漫長的立法進程的最後階段，該程序於今年早些時候開始於3月提出該法案。

The bill is also expected to include provisions for the oversight of stablecoins by the Federal Reserve and the Office of the Comptroller of Currency, as well as stricter rules for stablecoin issuers with over $50 billion in outstanding tokens.

該法案還預計將包括美聯儲和貨幣審計長辦公室對Stablecoins監督的規定，以及針對超過500億美元發行代幣的Stablecoin發行人的更嚴格的規定。

The House is expected to focus its attention on Trump’s role in the bill, given his well-known support for stablecoin regulation and his administration’s efforts to create a U.S.-backed stablecoin.

鑑於他對Stablecoin監管的眾所周知的支持以及他的政府創建美國支持的Stablecoin的努力，預計該眾議院將把注意力集中在特朗普在該法案中的作用。

Additionally, attention will be on any potential amendments to include rules for decentralized finance (DeFi) and the integration of the GENIUS Act with broader financial legislation.

此外，將關注任何潛在的修正案，包括分散財務的規則（DEFI）以及《天才法》與更廣泛的金融立法的整合。

The administration has consistently highlighted the importance of a U.S.-backed stablecoin as a tool to maintain the dollar’s global standing and enhance the efficiency of cross-border payments.

政府一直強調了美國支持的Stablecoin作為維持美元全球地位並提高跨境支付效率的工具的重要性。

Moreover, Trump has voiced his support for stablecoin regulation, aligning with the broader political consensus on the need for oversight in the rapidly evolving crypto sector.

此外，特朗普已經表達了他對Stablecoin監管的支持，與在迅速發展的加密貨幣部門對監督的需求相吻合。

As the bill progresses, it will be crucial to monitor the actions of the House and any further amendments that might arise.

隨著法案的進行，監視房屋的行為以及可能發生的任何進一步修正案至關重要。

The final stage will involve Trump’s signature, which appears likely, considering his stance on stablecoin regulation and his administration’s initiative to create a USD 1 stablecoin.

最後階段將涉及特朗普的簽名，考慮到他對Stablecoin監管的立場及其政府為創建1美元的Stablecoin的主動行動。

The implementation of the bill’s provisions, including 100% reserve backing, monthly audits, and supervision by the Fed and OCC, will be key to ensuring a stable and trustworthy ecosystem for both large institutions and individual investors.

該法案規定的實施，包括美聯儲和OCC的100％儲備支持，每月審計以及監督，將是確保大型機構和個人投資者的穩定且值得信賴的生態系統的關鍵。

While a statement from the White House said Trump would sign the bill, the administration signaled potential problems with the bill in a May 7 memo from the Treasury Department.

雖然白宮的一份聲明說特朗普將簽署該法案，但政府在財政部的5月7日備忘錄中表明了該法案的潛在問題。

The memo expressed concerns that the bill could undermine financial stability and create legal uncertainty.

備忘錄表示擔心該法案可能會破壞財務穩定並造成法律不確定性。

It suggested deferring the legislation to allow for further study and input from financial regulators.

它建議推遲立法，以允許財務監管機構進一步研究和投入。

The administration also raised issues with the bill’s provisions for the Treasury secretary to mint a U.S.-backed stablecoin, arguing that it could create confusion with the existing monetary system.

政府還提出了該法案對財政部長的規定造成美國支持的Stablecoin的問題，認為這可能會與現有的貨幣制度造成混亂。

Despite these concerns, the administration acknowledged the need for clear regulation of stablecoins and suggested that Congress could consider enacting a simpler bill focused on requiring full-reserve backing and tying stablecoins to the U.S. dollar.

儘管有這些擔憂，但政府承認需要明確監管Stablecoins，並建議國會可以考慮制定一項更簡單的法案，專注於需要全力支持，並將穩定的穩定者與美元息息相關。

The Treasury Department’s memo provides valuable insights into the administration’s thinking on cryptocurrency regulation and the potential implications of the GENIUS Act.

財政部的備忘錄為政府對加密貨幣監管的思想以及《天才法》的潛在影響提供了寶貴的見解。

As the bill advances in the House, it will be interesting to observe how these concerns are addressed and how the final version of the bill takes shape.

隨著法案在房屋中的發展，觀察這些問題是如何解決這些問題以及法案的最終版本如何形成將是很有趣的。

With the Senate's passage of the bill and the House's expected approval, the stage is set for Trump's signature and the subsequent implementation of the bill's provisions.

隨著參議院通過該法案和眾議院預期的批准，特朗普的簽名和隨後的法案規定的實施設定了階段。

This development could have far-reaching consequences for the cryptocurrency industry and the broader financial landscape.

這種發展可能會對加密貨幣行業和更廣泛的金融格局產生深遠的影響。

The Senate's vote on Thursday to pass a bill imposing a new regulatory framework for stablecoins came after a previous attempt to pass the bill on Monday failed due to concerns over

參議院週四的投票通過一項法案施加了一項法案，該法案強加了一個新的監管框架，該框架是在先前試圖通過該法案的企圖因擔心而失敗之後。